DislikedAUDUSD Short Trade Open: Scouts. After the "news" whack job, and when the price came back to "highs", I made first Scout entry. The trend on M15 is clearly down. This "high" did not hold, however. With the London open came some interesting PA. First the MMs whack-whipped price to capture all existing liquidity for building positions. The clue here was that they extended the range up, not down, indicating they are bears seeking short orders at higher prices. Then the MMs began to methodically work the price back up, making PA look bullish in order...Ignored
Isn't that stupid to go short at support? Did you notice H1 anomaly? Did you notice H4 support area and low volume on down bars which indicates to no selling interest by MMs ?